54:4-122.6 - System of internal checks in lieu of minimum penalties - New Jersey Statutes

54:4-122.6.  System of internal checks in lieu of minimum penalties
    Any municipality, in lieu of complying with the minimum penalties fixed by the State Board, pursuant to section five of this act, may maintain a system of  internal checks upon the tax collection process in the manner prescribed by  either section seven, section eight or section nine of this act, as the case  may be, or in such other manner, adequate to insure verifiable accounting for  cash receipts, as the State Board may authorize or approve.

     L.1940, c. 257, p. 970, s. 6.